- Conference
- 2016 National Retired Members Conference
- Date
- 1 June 2016
- Decision
- Carried
Conference notes that the government is proposing new Local Government Pension Scheme investment regulations and asset pooling. Whilst there could be advantages in the pooling of LGPS funds, should this go forward, the proposal also gives new power to the government to decide where council pension funds make investments.
As such, Conference fully endorses UNISON’s national campaigning activities calling for it to be written into UK law that council pension funds, not the government, decide where to make investments.
Conference also welcomes UNISON’s position that union representatives should be included in any new governance arrangement.
However, as many of our retired members are current beneficiaries of local government pension schemes, Conference believes that any union representation at the governance table needs to include retired members.
Conference therefore calls on the National Retired Members’ Committee to make representations to the National Executive Council to work towards achieving this.